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IIM Ranchi Placements 2023 - Average & Highest Package, Percentage

  • Ranchi (Jharkhand)
  • Government
  • Approved by : AICTE, AMBA, MHRD
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Updated on Feb 12, 2024 0:05PM IST

IIM Ranchi Placements 2023

The college has a placement committee which is responsible for handling placement activities in the campus. With the help of the IIM Ranchi placements committee, the college successfully conducted 2023 placement drives with impressive numbers. 

IIM Ranchi placements 2023 saw a 100% placement percentage. As per the official IIM Ranchi placement report 2023, a total of 399, 69 and 35 students from MBA, MBA HR and MBA BA courses respectively registered. The highest package was worth Rs 67 LPA (International), while the IIM Ranchi average package 2023 was Rs 17.3 LPA and the median salary was Rs 16.5 LPA. Meanwhile, the highest salaries received by MBA-HR and MBA-BA students at IIM Ranchi, were Rs 32.2 LPA and Rs 22.3 LPA, respectively. 

If you have no idea about what is the highest package of IIM Ranchi? Or what is the IIM Ranchi placement percentage? Then check out this page to get detailed information about placements at IIM Ranchi

IIM Ranchi MBA Placements 2023

ParticularsStatistics
Batch size 399
Number of companies participated124
Median package offered Rs 16.50 LPA
Average package offeredRs 17.3 LPA
Highest package offered (Domestic)Rs 35.5 LPA
Highest package offered (International)Rs 67 LPA
Average package offered (top 10%)Rs 30 LPA
Average package offered (top 25%)Rs 24 LPA
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IIM Ranchi Placements 2022

IIM Ranchi placement committee ensured maximum job opportunities were provided to students in 2022. The average package offered to MBA students in 2022 placements was Rs 16.17 LPA whereas MBA HR students were offered an average package of Rs 15.63 LPA in IIM Ranchi placements 2022. Companies from diverse industries participated in the placement drive. Some of the companies that participated in IIM Ranchi placements were Gartner, Cognizant, Google, Amazon etc. 

IIM Ranchi MBA Placements 2022

ParticularsStatistics
Batch size 253
Number of companies participated77
Median package offered Rs 15.50 LPA
Average package offeredRs 16.17 LPA
Highest package offeredRs 32.21 LPA
Average package offered (top 25%)Rs 22.02 LPA
Average package offered (top 10%)Rs 25.16 LPA

IIM Ranchi MBA HR Placements 2022

ParticularsStatistics
Batch size 72
Number of companies participated21
Median package offered Rs 15.40 LPA
Average package offeredRs 15.63 LPA
Highest package offeredRs 32.21 LPA
Average package offered (top 25%)Rs 22.17 LPA
Average package offered (top 10%)Rs 27.16 LPA


 

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IIM Ranchi MBA Placements 2023

With 399 students, the largest MBA class in the history of IIM Ranchi MBA placements where 124 organisations made offers. IIM Ranchi average package 2023 is Rs 16.3 LPA for the MBA course. The most popular functional area was found to be sales and marketing, followed by profiles in strategy and consulting, operations, IT analytics, and finance. The IIM Ranchi campus has been visited by a number of renowned businesses, including Tata Steel, Maruti Suzuki Ltd., Wells Fargo, JPMorgan Chase & Co., American Express, State Street, Yes Bank, Amazon, Tolaram Group, Nomura, McKinsey, and Accenture Technology Consulting.

IIM Ranchi MBA HR Placements 2023

ParticularsStatistics
Batch size 69
Number of companies participated29
Median package offered Rs 16.0 LPA
Average package offeredRs 16.3 LPA
Highest package offeredRs 32.2 LPA
Average package offered (top 25%)Rs 22.4 LPA
Average package offered (top 10%)Rs 25.6 LPA


 

IIM Ranchi MBA BA Placements 2023

ParticularsStatistics
Batch size 35
Number of companies participated25
Median package offered Rs 16.0 LPA
Average package offeredRs 16.4 LPA
Highest package offeredRs 22.3 LPA
Average package offered (top 25%)Rs 20.3 LPA
Average package offered (top 10%)Rs 21.6 LPA
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IIM Ranchi Previous Years Placements Trends

Highlights202320222021
Highest PackageRs 35.50 LPARs 32.21 LPARs 26.50 LPA
Average PackageRs 17.30 LPARs 22.02 LPARs 14.69 LPA
Median PackageRs 16.50 LPARs 15.50 LPARs 14.95 LPA
Total recruiters12477128
Total students participated399253201
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IIM Ranchi Highest Package Trend

The MBA class of 2021-23 exceeded all expectations and obtained profitable positions in a variety of industries and fields. The potential of the students was once again demonstrated this year by a Rs 3.3 LPA increase in the IIM Ranchi highest package offered and a 62.3% increase in the number of employers visiting the campus.

IIM Ranchi Placement Trends: Highest Package

Highlights202320222021
Highest PackageRs 35.50 LPARs 32.21 LPARs 26.50 LPA


 

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IIM Ranchi Average Package Trend

We can notice a decline in the average package when we compare the IIM Ranchi average package 2023, 2022, and 2021. However, the number of recruiters and number of students placed has also gone up substantially.

IIM Ranchi Placements Trends: Average Package

Highlights202320222021
Average PackageRs 17.30 LPARs 22.02 LPARs 14.69 LPA


 

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IIM Ranchi Placements 2023 Sector-Wise

Given below are the IIM Ranchi placements 2023 according to the sectors the students were placed in.

IIM Ranchi MBA Placements 2023

SectorStudents Placed
IT / ITES15.3%
Consulting13.7%
FMCG12.9%
BFSI17.7%
Manufacturing11.3%
Fintech3.2%
Others8.9%
Pharma & Healthcare6.5%
Logistics & Supply Chain4.8%
Digital Media & Ads0.8%
E-Commerce1.6%
Staffing2.4%
Ed-Tech0.8%

IIM Ranchi MBA HR Placements 2023

SectorPercentage of Students Placed
ITES6.7%
Consulting20%
FMCG20%
BFSI10%
Manufacturing23.3%
Staffing3.3%
Others3.3%
Digital Media & Ads3.3%
E-Commerce3.3%
Oil & Gas6.7%

IIM Ranchi MBA - BA Placements 2023

SectorStudents Placed
ITES20%
Consulting8%
FMCG8%
BFSI28%
Others16%
Digital Media & Ads4%
Manufacturing16%


 

IIM Ranchi MBA Placements 2022: Sector-Wise

SectorPercentage of Students Placed
IT/ITES32.40%
Consulting 20.60%
BFSI19%
FinTech6.70%
FMCG4.70%
Manufacturing 4.30%
E-commerce4%
Digital Media and Ads3.60%
Pharma and Healthcare2%
EdTech1.20%

IIM Ranchi MBA HR Placements 2022: Sector-Wise

SectorPercentage of Students Placed
IT/ITES38.09%
BFSI 23.60%
Consulting 20.80%
E-commerce6.90%
Manufacturing 5.60%
FMCG 2.80%
Pharma and Healthcare1.40%


 

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IIM Ranchi Top Recruiters 2023

GartnerCapgeminiAsian Paints
Amazon AccentureGoogle
HCL EYGenpact
ICICI BankDellAxis Bank
DeloitteWipro ZS Associates
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IIM Ranchi Placement Cell

The IIM Ranchi Placement Cell is responsible for facilitating the placement of students from the institute. The cell works closely with the students and the recruiters to ensure a smooth and successful placement process.

The IIM Ranchi placement cell has one of the best placement records out of all the Indian Institute of Management. In the 2023 placement season, the cell placed 100% of the students in good companies with attractive salaries. The IIM Ranchi average package 2023 was Rs 17.3 lakhs per annum. The IIM Ranchi placement cell offers a number of services to students, including:

  • Career counselling
  • Industry interaction
  • Mock interviews
  • Training
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IIM Ranchi Internship

The placement committee of the college conducts summer internship placements every year. IIM Ranchi placement committee invites companies to participate in summer internship placements. In 2023, the college successfully organised summer placements for students. As per IIM Ranchi summer placement report 2023, as many as 399 students registered for summer internship placements. This year the first batch of IIM Ranchi MBA BA students also got exposure to corporate opportunities.

IIM Ranchi Summer Internship Year-wise

ParticularsInternship Statistics (2021-23)Internship Statistics (2020-22)
Highest Stipend OfferedRs 3.50 lakhsRs 3.36 lakhs
Median Stipend OfferedRs 80,000Rs 73,000
Average Stipend OfferedRs 1,00,000Rs 97,000
Number of Recruiters165135
Number of Students399329
Top 10% Average StipendRs 2.54 lakhsRs 2.53 lakhs
Top 25% Average StipendRs 1.93 lakhsRs 1.96 lakhs

IIM Ranchi MBA Summer Internship Placement 2022: Domain-Wise

Domain Highest Stipend Offered (LPA)Average Stipend Offered (LPA)Median Stipend Offered (LPA)
IT AnalyticsRs 3,50,000Rs 1,23,704Rs 1,00,000
FinanceRs 2,51,840Rs 1,39,177Rs 1,20,000
OperationsRs 2,27,960Rs 85,028Rs 70,000
Sales and MarketingRs 3,36,000Rs 89,933Rs 77,960
Strategy and Consulting Rs 2,50,000Rs 95,479Rs 60,000


 

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IIM Ranchi Alumni Network

Company NameNumber of Alumni
Ministry of Skill Development and Entrepreneurship, India29
ICICI Bank17
Tata Steel14
Axis Bank11
JP Morgan Chase & Co.8
Yes Bank8
Aspri Spirits6
ACT INFRAPORT LIMITED6
Amazon6
Zetwerk6
Accenture4
Citi4
Cognizant4
METRO Global Solution4
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Related Questions

p

priyal Babbar, Student / Alumni

-Answered on Aug-29-2023
Hi there, for admission in MBA program of LPU, you can appear for LPUNEST. You need to have 55 percent in graduation of equivalent in any discipline. You will get your result 48 hours after the test. The Mittal School of Business is among the top ranking business schools of India. The last date of admission is August 31 so hurry up before admission closes. Good Luck

FAQs about IIM Ranchi Placements

Which companies were major recruiters at IIMR, Ranchi?

Amongst the companies that recruited from IIMR, Ranchi, some of the prominent recruiters were Accenture Services Pvt. Ltd., Amazon, Berger Paints, CAPGemini, Cummins India Pvt Ltd, etc.

What was the average package offered in PGD at IIMR, Ranchi in 2020?

The average package offered in PGD in 2020 was INR 15.11 Lakh.

How many PGD students got placed in the IIMR, Ranchi placements in 2020?

Around 248 PGD students got placed across leading MNCs in 2020.
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